Funding you earn now, next payment 23:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: SoDEX against Extended+0.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.022% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TRX-USD | 0.3440 | 0.0008 | pay 0.0001% / 1h | 35m 41s | $196K | $1.1M | 25x |
| Short | SoDEX TRX-USD | 0.3441 | −0.0001 | pay 0.0000% / 1h | 35m 41s | $402 | $5K | 5x |
Extended TRX-USD
SoDEX TRX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.89
- Price spread: +0.022% → 0.000%
- $2.21
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$12.68
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 3 min ago; SoDEX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 3 min ago | 0.14 bp | 3.5 bp −$4 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TRX on 32 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3441 | +0.014% | $5 | — | 20x | as long as short |
| Injective TRX/USDC PERP | −0.0120% | 1h | 0.3441 | +0.028% | $1K | $163K | 12x | as long as short |
| Variational Omni TRX | −0.0083% | 8h | 0.3441 | +0.031% | $563K | $39K | — | as long as short |
| Bybit TRXUSDT | −0.0073% | 8h | 0.3441 | +0.028% | $54.7M | $8.2M | 75x | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3443 | +0.083% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0042% | 1h | 0.3441 | +0.025% | $58K | $4K | 10x | as long as short |
| KuCoin TRXUSDTM | −0.0034% | 8h | 0.3440 | −0.004% | $8.7M | $3.7M | 75x | as long as short |
| HTX TRX-USDT | −0.0021% | 8h | 0.3439 | −0.021% | $826K | $716K | 75x | as long as short |
| Aster TRXUSDT | −0.0010% | 8h | 0.3443 | +0.076% | $959K | $656K | 75x | as long as short |
| SoDEX TRX-USDshort | −0.0001% | 1h | 0.3441 | +0.022% | $402 | $5K | 5x |
Reya TRXRUSDPERP
Injective TRX/USDC PERP
Variational Omni TRX
Bybit TRXUSDT
Phoenix TRX
Backpack TRX_USDC_PERP
KuCoin TRXUSDTM
HTX TRX-USDT
Aster TRXUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX TRX-USDT-SWAP | −0.0001% | 8h | 0.3441 | +0.022% | $15.6M | $8.8M | 50x | as long as short |
| dYdX TRX-USD | 0.0000% | 1h | 0.3443 | +0.078% | $181K | $10K | 10x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3442 | +0.071% | $121K | — | 150x | as long as short |
| Lighter TRX | +0.0008% | 1h | 0.3440 | +0.010% | $482K | $637K | 10x | as long as short |
| Extended TRX-USDlong | +0.0008% | 1h | 0.3440 | long leg | $196K | $1.1M | 25x | |
| MEXC TRX_USDT | +0.0011% | 8h | 0.3441 | +0.022% | $18.2M | $1.7M | 200x | as long as short |
| Binance TRXUSDT | +0.0011% | 8h | 0.3441 | +0.022% | $99.3M | $48.3M | 75x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0026% | 1h | 0.3443 | +0.072% | $1.9M | $1.0M | 25x | as long as short |
| BloFin TRX-USDT | +0.0046% | 8h | 0.3441 | +0.040% | $4.6M | $4.0M | 50x | as long as short |
| Paradex TRX-USD-PERP | +0.0051% | 8h | 0.3440 | +0.012% | $9K | $385 | 20x | as long as short |
| Phemex TRXUSDT | +0.0071% | 8h | 0.3441 | +0.031% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3439 | −0.024% | $33K | — | 3x | as long as short |
| Orderly PERP_TRX_USDC | +0.0090% | 8h | 0.3441 | +0.016% | $14K | $107K | 20x | as long as short |
| Gate TRX_USDT | +0.0091% | 8h | 0.3441 | +0.013% | $9.7M | $2.5M | 75x | as long as short |
| BingX TRX-USDC | +0.0092% | 8h | 0.3441 | +0.025% | — | $6.5M | — | as long as short |
| Bitget TRXUSDT | +0.0099% | 8h | 0.3440 | +0.008% | $9.4M | $2.0M | 75x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3442 | +0.069% | $13.2M | $2.2M | 10x | as long as short |
| edgeX TRXUSDC | +0.0100% | 4h | 0.3442 | +0.044% | $587K | $431K | 20x | as long as short |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3441 | +0.034% | $115K | $545K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.074% | $196K | $917K | 30x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.060% | $20K | — | 100x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0409% | 1h | 0.3445 | +0.136% | $832K | $411K | 25x | as long as short |
OKX TRX-USDT-SWAP
dYdX TRX-USD
gTrade (Gains Network) TRX/USD
Lighter TRX
MEXC TRX_USDT
Binance TRXUSDT
Kraken Futures PF_TRXUSD
BloFin TRX-USDT
Paradex TRX-USD-PERP
Phemex TRXUSDT
Aevo TRX-PERP
Orderly PERP_TRX_USDC
Gate TRX_USDT
BingX TRX-USDC
Bitget TRXUSDT
Hyperliquid TRX
edgeX TRXUSDC
ApeX Omni TRXUSDT
SunX TRX-USDT
GMX TRX/USD [ETH-USDC]
Deribit TRX_USDC-PERPETUAL